Sunray Co-op
Sunray Co-op Grain Industry Leader in The Texas Panhandle
February 2009
www.sunraycoop.com
Issue 92
General Manager Report—Dave Reinders important to you and your operations that you take these numbers under consideration during the year as you make your purchases. We can’t always YOUR BOARD be the cheapest on the OF products you buy during DIRECTORS the year, but I believe day your investment, your trust, and most of all your in and day out we are business. You can very comJess Willard — rest assured each petitive, President of us will do whatand our ser“Our Patron Note ever we can to vices are Ellis Moore — second to program offered to keep your cooperative the pride of Vice President none. If you has been very our members and The Annual meeting was you figure well received…” the communities Joe Reinart — in the diviheld on December 16th we represent. dends withSecretary and was well attended. out a doubt For the last Fiscal Year We are in the last Joaquin Andujo— we had sales of just un- the Sunray stages of our remodeling der $180,000,000 with a Co-op is the place you Director should do your business. project at the Farm and Net savings of Home Center. We have $5,734,017. We paid Dan Carthel — Our Patron Note program also switched from the dividend rates on all Ace Hardware brand to offered to you has been Director grain of 4.32 cents. All very well received and we the Do-it-Best brand. In fuels purchased either doing so, we have added Butch Harbert — farm delivered or at one have had a substantial quite a few new products. amount of money inof our C-Stores or Gas Director I would encourage you to pumps averaged 17 cents vested in the Sunray Costop by and take a look. per gallon. We also paid op by our Patrons. On beWe are certainly proud of David Johnson— 7.167% on all purchases half of the Board of Diall the changes and feel Director from our Farm and Home rectors as well as the emyou will be too. ployees, thank you for Store. I think it is very Happy New Year!! 2009 is now upon us. Let’s hope for some stability in our profession this year. As you know last year was a wild ride with its unprecedented swings and highs in the grain markets. When times like those occur it seems all your inputs go up just as fast as the grain prices, but then they take a lot longer to retreat to a realistic level.
February 2009
Page 4
Petroleum News—Harry Lunt The markets have risen somewhat from the lows we saw at the end of 2008 and the first of 2009. With the weak economy in the U.S., gasoline demand remains weak with fewer miles driven than last year. In fact the government reported that miles driven last November were down 5.3% from the corresponding time period a year ago. There are also different opinions as to what prices will do this year. One faction thinks that prices will
come down to $35-$40 per barrel based on less demand for oil. The other faction believes that the floor is going to be in the $40-$50 range. I think that prices will reflect what the President does in the next few weeks to stimulate our economy and what other countries around the world do to boost their economies as well. If jobs do increase and money for loans is again available then the demand for fuel will in-
crease. If the economy remains weak even with the OPEC production cuts, the demand for fuel will be down until the world wide recession improves. Only time will tell what direction the markets will take, but the economy will still be the dominant factor. If you would like to discuss fuel prices or fuel contracts, please don’t hesitate to call me at 806948-4121 ext. 211 or my cell phone 806-674-6751.
Grain Marketing—Gary Holcomb So far, 2009 has brought us continued uncertainty in the grain markets. Talk of the economy and reduced demand dominates the news daily. Influences from the stock market and energy markets seem to dictate “We are currently grain price movement more offering all contract than grain fundamentals. types for all 2009 All signs seem to point to more of the same. We crops…” probably won’t see the dramatic high prices of 2008 unless weather causes significant production loss, but corn prices over $4.00 still provide some profitability.
if we can be of assistance. We will be glad to put orders in above the market at your price levels. You never know when some event may cause a temporary spike that would lock in an unexpected price for you. We are currently offering all contract types for all 2009 crops, and basis have improved recently for old and new crops. Please check our website or call for up to date grain bids. If you haven’t signed up for Market Plus, please come by at your convenience. We handed out checks totaling $545,000.00 for 2008 This is the time of year most Market Plus participants in of you are developing your December. This was in admarketing plans. Please call dition to the 4.321 cents per
bushel patronage dividend declared for fiscal year 2008. We are all hoping for moisture to help our struggling wheat crops. With all of the negative outside market influences, it would be nice to get a little help from mother nature. We hope your 2009 is prosperous and we are looking forward to working with each of you again. Thank you for your business.
February 2009
Page 3
Service Center—Gene Bain Here is it February already, I have no idea what even happened to January. Your Service Center has been busy replacing sprinkler tires as more and more sprinklers are being turned on. With little to no moisture in the panhandle area, the farmers have little choice. The Service Center is keeping a good stock of sprinkler tires; probably your best resource in this area right now. We have also been repairing many tractor flats and implement tires as fertilizing gets underway in the fields as well. It is important to us that we are providing the best service to you in the field. I know there are times when you have had to wait for the service truck to arrive to your sprinkler or tractor in the field. This is simply due to circumstances beyond our control. Changing or repairing
agriculture tires can be difficult work. Most times the repair goes very smoothly. We have very upto-date equipment on our service trucks that facilitates fast service. However, there are those “Murphy’s law” moments where if it can go wrong, it will go wrong. We are generally prepared for most situations, and the employees here at the Service Center are second to none. We appreciate your business and sometimes even your patience as we service everyone as quickly as we can.
Co op.
Ten Sunray Co-op employees participated and for eleven pay periods put in their own money, and the Sunray Co-op generously matched them to make up the prizes. December 17th was the final weigh-in, and I am very proud that one of my employees, Dwayne Lowry, was the “biggest loser”. He lost a total of 77 Back in July of 2008, the Service pounds and he looks and feels Center employees thought it would great. Congratulations Dwayne, be a good idea to get healthier and and to every employee that parlose some weight. They put toticipated in the contest. gether a plan to have a “Biggest Loser” contest here at the Sunray
S U N RAY Farm and Home Center February 16th—20th 50% OFF
Any ACE Packaged Item
Open House
at savings on e r g r e h t o y n Look for ma re items! o t s g in it c x e new
February 2009
Page 2
Farm and Home Center
New spacious check out counters eliminating congestion to serve you better.
A section dedicated to housewares, with many exciting new products for your home.
An entire paint and paint supply isle for all of your painting needs.
February 2009 February 2009
Page 5
Etter - Pat Sims
Their have been a number of changes in the Etter area. There has been a lot of local farm land changing ownership, a new dairy a mile east, a new dairy a mile west, a new dairy four miles northwest of the Etter elevator, as well as the cotton acres coming into this area. This brings huge but exciting challenges to this branch location. We here at your Etter branch continue to look at the best possible ways to serve you the patron in this area, not only now but in the future. For those of you who may not
know, the Etter branch holds up to 3 million bushels of grain. We mainly participate in corn and wheat harvests, but we have also taken in milo. To help improve our operation, we are currently installing an Automatic Aeration Controller on one of the barns. This will help us to be much more efficient with the use of our aeration fans on this particular barn. This will increase the savings on the electricity used, because the system will only run the fans at the times that will be the greatest benefit to the condition of the grain. There will also be huge
labor savings because we will no longer be constantly repairing the old equipment. We have operated this system at the Coldwater location and have had great success with it. This will be a great asset to keeping the best quality of product. We here at Etter just want say a big “thank you” to all our producers who utilize this branch. We appreciate your business and your trust in us. If there is anything we can help you with or do for you , don’t hesitate to call or better yet, come by and see us!
Did You Know??? The Farm and Home had a wonderful response to the $1,000.00 Shopping Giveaway, with hundreds of entries from Sunray and the surrounding areas. We want to thank everyone who entered, and make sure to look forward to similar contests in the near future. November 21, 2008 the Farm and Home Center held the drawing for the $1,000.00 Shopping Giveaway. The winner was Max Hill from Sunray. Congratulations Max!! Russell Gadbois, Farm Store Manager, hands winner Max Hill his $1,000.00 Shopping Giveaway check
PRESORTED STANDARD U.S. POSTAGE PAID
SUNRAY, TX PERMIT NO. 5
Grain Industry Leader in The Texas Panhandle
P.O. Box 430 Sunray, TX 79086 Return Service Requested
Offer from the Country Store Great Savings!!
Buy one Personal Pan Pizza And Get $1.00 off The Second One
Offer good through February
February 2009
www.sunraycoop.com
Issue 92
General Manager Report—Dave Reinders important to you and your operations that you take these numbers under consideration during the year as you make your purchases. We can’t always YOUR BOARD be the cheapest on the OF products you buy during DIRECTORS the year, but I believe day your investment, your trust, and most of all your in and day out we are business. You can very comJess Willard — rest assured each petitive, President of us will do whatand our ser“Our Patron Note ever we can to vices are Ellis Moore — second to program offered to keep your cooperative the pride of Vice President none. If you has been very our members and The Annual meeting was you figure well received…” the communities Joe Reinart — in the diviheld on December 16th we represent. dends withSecretary and was well attended. out a doubt For the last Fiscal Year We are in the last Joaquin Andujo— we had sales of just un- the Sunray stages of our remodeling der $180,000,000 with a Co-op is the place you Director should do your business. project at the Farm and Net savings of Home Center. We have $5,734,017. We paid Dan Carthel — Our Patron Note program also switched from the dividend rates on all Ace Hardware brand to offered to you has been Director grain of 4.32 cents. All very well received and we the Do-it-Best brand. In fuels purchased either doing so, we have added Butch Harbert — farm delivered or at one have had a substantial quite a few new products. amount of money inof our C-Stores or Gas Director I would encourage you to pumps averaged 17 cents vested in the Sunray Costop by and take a look. per gallon. We also paid op by our Patrons. On beWe are certainly proud of David Johnson— 7.167% on all purchases half of the Board of Diall the changes and feel Director from our Farm and Home rectors as well as the emyou will be too. ployees, thank you for Store. I think it is very Happy New Year!! 2009 is now upon us. Let’s hope for some stability in our profession this year. As you know last year was a wild ride with its unprecedented swings and highs in the grain markets. When times like those occur it seems all your inputs go up just as fast as the grain prices, but then they take a lot longer to retreat to a realistic level.
February 2009
Page 4
Petroleum News—Harry Lunt The markets have risen somewhat from the lows we saw at the end of 2008 and the first of 2009. With the weak economy in the U.S., gasoline demand remains weak with fewer miles driven than last year. In fact the government reported that miles driven last November were down 5.3% from the corresponding time period a year ago. There are also different opinions as to what prices will do this year. One faction thinks that prices will
come down to $35-$40 per barrel based on less demand for oil. The other faction believes that the floor is going to be in the $40-$50 range. I think that prices will reflect what the President does in the next few weeks to stimulate our economy and what other countries around the world do to boost their economies as well. If jobs do increase and money for loans is again available then the demand for fuel will in-
crease. If the economy remains weak even with the OPEC production cuts, the demand for fuel will be down until the world wide recession improves. Only time will tell what direction the markets will take, but the economy will still be the dominant factor. If you would like to discuss fuel prices or fuel contracts, please don’t hesitate to call me at 806948-4121 ext. 211 or my cell phone 806-674-6751.
Grain Marketing—Gary Holcomb So far, 2009 has brought us continued uncertainty in the grain markets. Talk of the economy and reduced demand dominates the news daily. Influences from the stock market and energy markets seem to dictate “We are currently grain price movement more offering all contract than grain fundamentals. types for all 2009 All signs seem to point to more of the same. We crops…” probably won’t see the dramatic high prices of 2008 unless weather causes significant production loss, but corn prices over $4.00 still provide some profitability.
if we can be of assistance. We will be glad to put orders in above the market at your price levels. You never know when some event may cause a temporary spike that would lock in an unexpected price for you. We are currently offering all contract types for all 2009 crops, and basis have improved recently for old and new crops. Please check our website or call for up to date grain bids. If you haven’t signed up for Market Plus, please come by at your convenience. We handed out checks totaling $545,000.00 for 2008 This is the time of year most Market Plus participants in of you are developing your December. This was in admarketing plans. Please call dition to the 4.321 cents per
bushel patronage dividend declared for fiscal year 2008. We are all hoping for moisture to help our struggling wheat crops. With all of the negative outside market influences, it would be nice to get a little help from mother nature. We hope your 2009 is prosperous and we are looking forward to working with each of you again. Thank you for your business.
February 2009
Page 3
Service Center—Gene Bain Here is it February already, I have no idea what even happened to January. Your Service Center has been busy replacing sprinkler tires as more and more sprinklers are being turned on. With little to no moisture in the panhandle area, the farmers have little choice. The Service Center is keeping a good stock of sprinkler tires; probably your best resource in this area right now. We have also been repairing many tractor flats and implement tires as fertilizing gets underway in the fields as well. It is important to us that we are providing the best service to you in the field. I know there are times when you have had to wait for the service truck to arrive to your sprinkler or tractor in the field. This is simply due to circumstances beyond our control. Changing or repairing
agriculture tires can be difficult work. Most times the repair goes very smoothly. We have very upto-date equipment on our service trucks that facilitates fast service. However, there are those “Murphy’s law” moments where if it can go wrong, it will go wrong. We are generally prepared for most situations, and the employees here at the Service Center are second to none. We appreciate your business and sometimes even your patience as we service everyone as quickly as we can.
Co op.
Ten Sunray Co-op employees participated and for eleven pay periods put in their own money, and the Sunray Co-op generously matched them to make up the prizes. December 17th was the final weigh-in, and I am very proud that one of my employees, Dwayne Lowry, was the “biggest loser”. He lost a total of 77 Back in July of 2008, the Service pounds and he looks and feels Center employees thought it would great. Congratulations Dwayne, be a good idea to get healthier and and to every employee that parlose some weight. They put toticipated in the contest. gether a plan to have a “Biggest Loser” contest here at the Sunray
S U N RAY Farm and Home Center February 16th—20th 50% OFF
Any ACE Packaged Item
Open House
at savings on e r g r e h t o y n Look for ma re items! o t s g in it c x e new
February 2009
Page 2
Farm and Home Center
New spacious check out counters eliminating congestion to serve you better.
A section dedicated to housewares, with many exciting new products for your home.
An entire paint and paint supply isle for all of your painting needs.
February 2009 February 2009
Page 5
Etter - Pat Sims
Their have been a number of changes in the Etter area. There has been a lot of local farm land changing ownership, a new dairy a mile east, a new dairy a mile west, a new dairy four miles northwest of the Etter elevator, as well as the cotton acres coming into this area. This brings huge but exciting challenges to this branch location. We here at your Etter branch continue to look at the best possible ways to serve you the patron in this area, not only now but in the future. For those of you who may not
know, the Etter branch holds up to 3 million bushels of grain. We mainly participate in corn and wheat harvests, but we have also taken in milo. To help improve our operation, we are currently installing an Automatic Aeration Controller on one of the barns. This will help us to be much more efficient with the use of our aeration fans on this particular barn. This will increase the savings on the electricity used, because the system will only run the fans at the times that will be the greatest benefit to the condition of the grain. There will also be huge
labor savings because we will no longer be constantly repairing the old equipment. We have operated this system at the Coldwater location and have had great success with it. This will be a great asset to keeping the best quality of product. We here at Etter just want say a big “thank you” to all our producers who utilize this branch. We appreciate your business and your trust in us. If there is anything we can help you with or do for you , don’t hesitate to call or better yet, come by and see us!
Did You Know??? The Farm and Home had a wonderful response to the $1,000.00 Shopping Giveaway, with hundreds of entries from Sunray and the surrounding areas. We want to thank everyone who entered, and make sure to look forward to similar contests in the near future. November 21, 2008 the Farm and Home Center held the drawing for the $1,000.00 Shopping Giveaway. The winner was Max Hill from Sunray. Congratulations Max!! Russell Gadbois, Farm Store Manager, hands winner Max Hill his $1,000.00 Shopping Giveaway check
PRESORTED STANDARD U.S. POSTAGE PAID
SUNRAY, TX PERMIT NO. 5
Grain Industry Leader in The Texas Panhandle
P.O. Box 430 Sunray, TX 79086 Return Service Requested
Offer from the Country Store Great Savings!!
Buy one Personal Pan Pizza And Get $1.00 off The Second One
Offer good through February
